No, it doesn't let you steal from the rich and give to the poor — but it will stop the rich from robbing you every time you want to make a trade. Based on the idea that a tech-driven brokerage could operate with less overhead, Robinhood is the first brokerage we know of to charge zero commissions for self-directed individual or joint cash brokerage accounts. Built in California — not Wall Street — by a team whose resumes include Stanford, MIT, Caltech, Pixar, Oracle, Bungie, and Facebook, it offers low-latency trades, rock-solid reliability, and one of the best-looking apps you'll have on your phone.